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According to Novatrends Market Intelligence, the global Pet Food Market is valued at USD 135.45 billion in 2024. The pet food market is experiencing robust growth driven by several key factors.
Rising birth rates in emerging economies, increased awareness of infant hygiene, and demand for premium baby products are driving growth. Parents prioritize organic, dermatologically-tested, and fragrance-free formulations.
Increased focus on hygiene and cleanliness post-COVID-19 has elevated home care consumption. Demand for multi-surface disinfectants, eco-friendly detergents, and air quality products is rising.
Increased awareness of hygiene, beauty trends, and self-care routines is propelling personal care product consumption. Consumers are favoring natural, vegan, and dermatologist-tested ingredients.
Busy lifestyles, rising urbanization, and growing demand for convenience are driving the packaged food market. Consumers seek ready-to-eat and longer shelf-life products.
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